After one hundred days of detention, the cargo ship Ever Given raised anchor to leave the Suez Canal, headed for the Mediterranean Sea, escorted by tugs. The container ship ran aground in March and blocked traffic. The compensation agreement signed between Egypt and owners and insurers is decisive.
In the Suez funnel at the foot of the stranded giant
by our correspondent Pietro Del Re
The day before yesterday, the Suez Canal Authority announced an agreement that provided for the release of the ship today, which had paralyzed a crucial hub for international trade with serious damage also to the state budget. The agreement was reached with the ship owner and for today a ceremony to celebrate the event was also announced.
With a capacity of over 200,000 tons, Ever Given ran aground on 23 March, blocking traffic on the canal for 6 days, where nearly 10 percent of world maritime trade passes. According to the Suez Canal Authority, Egypt lost 12 to 15 million dollars a day. At the end of June the Authority had announced a “first” compensation agreement between Egypt and the owner of the Ever Given, after close negotiations involving the ship’s insurers.
Accident in the Canal, Ever Given remains hostage: Egypt asks for one billion in damages to shipowners
by Ettore Livini
The main reason for the dispute between Egypt and the Japanese company Shoei Kisen, owner of the ship, was the amount of compensation. Cairo initially claimed $ 916 million, before lowering the figure to $ 600 and then to $ 550 million. In those six days 422 ships were blocked, loaded with a total of 26 million tons of goods.
Accident in the Canal, Ever Given remains hostage: Egypt asks for one billion in damages to shipowners
by Ettore Livini
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